Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -0.42% | -8.85% | -11.57% | -14.90% | -15.81% | -16.40% | +3.99% | -12.33% | -5.91% | -4.53% |
| Market-price total return | -0.42% | -7.48% | -10.24% | -12.40% | -12.51% | -12.35% | +7.15% | -8.75% | +2.66% | +5.02% |
| NAV return | +0.70% | -4.93% | -7.51% | -12.41% | -11.06% | -11.33% | +4.70% | -10.47% | -5.41% | +0.85% |
| NAV total return | +0.70% | -3.73% | -6.34% | -10.24% | -8.13% | -7.70% | +7.41% | -7.32% | +2.03% | +8.69% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.18% | 0.20% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.24% | 0.22% | as above |
| Volatility, 5 years | 0.27% | 0.25% | as above |
| Maximum drawdown, 3 years | -22.23% | -20.65% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.23 | 0.24 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.33 | 0.34 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.55 | — | SPY (U.S. equity ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.35 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Templeton Dragon Fund Inc. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.